"DeepSeek Scam Token"
Built on the Solana Blockchain, DeepSeek Token reached $48 Million Market Cap on January 27th and had $150 Million Trade Volume. However, DeepSeek denied that it has any connection with other cryptocurrencies apart from this token, and warned users that DeepSeek Token is a scam.
According to blockchain records, the DeepSeek Token was created on January 4, before the DeepSeek App reached the top ranking in the US Apple App Store.
DeepSeek is a Chinese AI-based app and is currently a well-known app in the field of AI technology. The arrival of DeepSeek App as one of the top downloaded apps in the US Apple App Store is a challenge to the US AI field.
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Scammers also tried to pretend to be DeepSeek's official account and website and show their token as legitimate.
In addition, another Fake Token like DeepSeek came out and reached $13 Million Market Cap and $28.5 Million Trade Volume.
Analysts say that the popularity of the DeepSeek app has had an impact on the crypto market, which has caused the price of Bitcoin to drop below $100,000.
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These are due to the launch of Donald Trump's Official Trump (TRUMP) Memecoin on January 18 and the release of a Token named after First Lady Melania Trump, which has accelerated the release of fake Fraudulent Tokens.
According to security firm Blockaid, Trump Tokens were issued on an average of over 3,300 per day, rising to 6,800 when the TRUMP Memecoin was introduced on January 18.
Scammers previously targeted government accounts and political accounts, but now they are targeting Celebrity Profiles Accounts and promoting Fraudulent Tokens, so you should trade or invest only after careful research.
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